Job purpose:
- Full Time 12 months internship position (Dec 2024/Jan 2025 opening)
- Support mainly Capital Markets and Lending business in Singapore and Asia region.
Key activities:
- Assist business management in daily “run the bank” activities and management of issues surrounding ongoing business (eg. manual checking of trades vs. the Restriction/KYC List (Whirlpool), weekly management reports etc)
- Identifying and assessing profitable business opportunities in the region; quantifying resource requirements, implementing business plans and change initiatives
- To develop basic knowledge of the bank’s products such as –Fixed Income & Currencies, Commodities, Money Markets, Syndicated Finance, and Loans
- Support business development by undertaking research and analysis on the markets in Asia
- Develop understanding of products suitable for each target country / market in Asia, together with the regulatory challenges and constraints (eg. keeping the CM Asia and Singapore from the New Product Process list up to date, helping to minutes in the monthly Asia OpCo meeting with senior managements in Asia)
- Develop understanding key business drivers of the various business area, application of this knowledge to align own activities
- Assist in preparation of financial analysis to support strategic decisions by the business
- Assist in coordinating business-related projects, ensuring objectives are delivered
- Assist in the development of new processes, systems and procedures to meet changing business requirements
- Develop understanding to actively response to and identification of internal client requests (eg. providing support to gather data for regulatory reporting)
- Develop understanding to identify problems and all relevant issues in simple situations; development of possible solutions and their evaluation using standard procedures
- Lean to organisation and prioritization of own work, to deliver against agreed targets and deadlines
- Provide support to senior staff as directed, or ah-hoc support wherever required
- Initiates action to further improve skills and performance
- Play an active role in understanding an embracing the compliance culture of Commerzbank
- Adhere to the client governance policies and procedures and related Compliance tasks within the first line of defense concept of the bank
- To adhere to all relevant regulatory and compliance requirements
Formal education:
University degree or better – students/graduates from any school/course
Specialist knowledge (work experience, further qualification):
- Available to work full time
- No prior experience needed
- Have an interest in working with people in the financial markets
- Demonstrate an exceptional degree of initiative
- Able to deliver in high pressure and results-orientated environment
- A good level of computer literacy, including Excel and Powerpoint
- Fluent in English
- Singaporeans and Singaporean PRs preferred
